LightSquared Files for Chapter 11 Bankruptcy
Moderator: Steering Committee
LightSquared Files for Chapter 11 Bankruptcy
Lighsquared is the company that was to put up communication satellites which would have interfered with the GPS signal. Looks like for now the problem is over.
- Handyman-N-Fam
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Re: LightSquared Files for Chapter 11 Bankruptcy
Ah yes but chapter 11 allows for reorginization and Light Squared has said they haven't given up yet. Stay tuned!